E.U. States Charged For Noncompliance With Energy Laws

Law360, New York (April 3, 2006, 12:00 AM EDT) -- An investigation into whether European Union member states are in compliance with the country’s energy laws has prompted regulators to charge several states for failing to follow the rules, marking the European Commission’s latest move in its shake-up of the gas and electricity markets.

The Commission has not revealed which states are in noncompliance, but said the charges will range from failing to break up electricity and natural gas monopolies to keeping insufficient emergency oil stocks, according to Dow Jones.